What Happened to The Rage Room After Shark Tank India?
What is The Rage Room?
The Rage Room is a place where you can release all the anger that’s built inside you. When we can’t express our anger, we get frustrated. This way you can release the stress and feel more relaxed.
There are many items in The Rage Room that you can break. You can break the TV, fridge, washing machine, bottles, etc.
This way no 3rd person will get harmed and you’ll get the ultimate satisfaction also.
If someone doesn’t want to break things, then he can try a different room also. Where they can throw paintballs at the wall. That also helps some people.
The Rage Room wants to make India a stress-free country. Also, it wants to give its users more power to them.
Who is the Founder of The Rage Room?
Pusarla Venkat Suraj is the founder of The Rage Room. He’s from Hyderabad. He has anger issues himself. Whenever he was angry, he used to break things. And breaking things used to help him reduce his anger.
That’s when he thought of making this a full-fledged business and helping other people like him.
The Rage Room Before Shark Tank India?
He started The Rage Room in October 2022.
The Rage Room is currently available in Hyderabad. More than 500 items have been destroyed in The Rage Room.
The target segment of The Rage Room is not limited to angry people only. Friends, couples, older people, father-son duo, and mother-daughter duo also come and break things in The Rage Room. 70% of customers are women, and 30% of customers are men.
They also offer free therapy sessions to customers who visit The Rage Room more than 5 times a month.
Each customer gets a common crate that contains a keyboard, mouse, speakers, bottle & telephones. He gathers all the items from the recycling company.
How much money did he ask for on the pitch?
He came to Shark Tank India seeking ₹20 Lakhs for 30% equity in the company The Rage Room. Which gives the company a valuation of ₹66.67 Lakhs.
How to get The Rage Room?
You can simply visit their website and place a booking.
Unit Economics of The Rage Room
Every month The Rage Room gets 200 ~ 250 customers. They pay anything between ₹650 to ₹1500.
| Monthly Sales | ₹1.6 Lakhs |
| Rent | ₹50,000 |
| Raw materials | ₹40,000 |
| Salary | ₹26,000 |
| Profit | ₹44,000 |
Which shark gave The Rage Room an offer?
Aman Gupta was out. He liked the concept. But as Suraj wasn’t fully committed to the project, he didn’t take any bet on him.
Anupam Mittal was out. He didn’t find enough data.
Peyush Bansal was out. He thought this wasn’t an investable business.
Namita Thapar was out. She advised him to brand it as an entertainment form, not something that will reduce anger issues in a person.
Vineeta Singh was out. She wasn’t convinced that this could help people reduce their anger issues.
What deal did The Rage Room get in Shark Tank India?
The Rage Room didn’t get any deal in Shark Tank India.
| Company Name | The Rage Room |
| Founder | Pusarla Venkat Suraj |
| Asked Amount | ₹20 Lakhs for 30% |
| Final Deal | No Deal |
| Shark | No Shark |
| Company Net Worth | ₹66.67 Lakhs |
| Company Website | therageroom.in |
| Company Status | In Business |
What is the net worth of The Rage Room?
The net worth of The Rage Room is ₹66.67 Lakhs according to Suraj.
Is The Rage Room still in Business?
Yes, The Rage Room is still in business.
